(MRK) Merck - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US58933Y1055

Keytruda, Gardasil, Januvia, Bovilis, Bravecto

MRK EPS (Earnings per Share)

EPS (Earnings per Share) of MRK over the last years for every Quarter: "2020-09": 1.74, "2020-12": 1.32, "2021-03": 1.4, "2021-06": 1.31, "2021-09": 1.75, "2021-12": 1.8, "2022-03": 2.14, "2022-06": 1.87, "2022-09": 1.85, "2022-12": 1.62, "2023-03": 1.4, "2023-06": -2.06, "2023-09": 2.13, "2023-12": 0.03, "2024-03": 2.07, "2024-06": 2.28, "2024-09": 1.57, "2024-12": 1.72, "2025-03": 2.22, "2025-06": 2.13, "2025-09": 2.58,

MRK Revenue

Revenue of MRK over the last years for every Quarter: 2020-09: 10929, 2020-12: 12515, 2021-03: 10627, 2021-06: 11402, 2021-09: 13154, 2021-12: 13521, 2022-03: 15901, 2022-06: 14593, 2022-09: 14959, 2022-12: 13830, 2023-03: 14487, 2023-06: 15035, 2023-09: 15962, 2023-12: 14630, 2024-03: 15775, 2024-06: 16112, 2024-09: 16657, 2024-12: 15624, 2025-03: 15529, 2025-06: 15806, 2025-09: null,

Description: MRK Merck September 24, 2025

Merck & Co., Inc. (ticker MRK) is a U.S.–based, globally operating healthcare company founded in 1891 and headquartered in Rahway, New Jersey, with business segments in human pharmaceuticals and animal health.

Its human-health portfolio spans oncology (Keytruda, Welireg, Zerbaxa, Noxafil), vaccines (Gardasil, Varivax, Vaxneuvance, RotaTeq, Pneumovax 23), and chronic-disease therapies (Januvia/Janumet, Belsomra, Isentress, Adempas, Verquvo, Lagevrio, among others).

The animal-health division offers livestock products (Nuflor, Bovilis, Banamine, etc.) and companion-animal medicines (Bravecto, Sentinel, Nobivac, etc.), complemented by Allflex Livestock Intelligence digital solutions.

Merck maintains a network of strategic collaborations, including three deruxtecan ADC candidates with Daiichi Sankyo, co-development of Lynparza and Koselugo with AstraZeneca, licensing of the LM-299 bispecific antibody from LaNova, and partnerships with Eisai, Bayer, Ridgeback, Moderna, and Antengene to expand its oncology and immunotherapy pipeline.

Key financial and sector metrics: FY 2023 revenue reached approximately $59.3 billion, with Keytruda alone generating roughly $13 billion; R&D expenditure was about $9.5 billion (≈16 % of sales); animal health contributed ~ $5 billion. Primary growth drivers are an aging global population, rising cancer incidence, and sustained vaccine demand post-COVID-19, while pricing pressure in the U.S. and biosimilar competition pose ongoing risks.

For a deeper quantitative assessment of MRK’s valuation sensitivities and peer-adjusted multiples, the ValueRay platform offers a concise, data-driven dashboard worth exploring.

MRK Stock Overview

Market Cap in USD 215,509m
Sub-Industry Pharmaceuticals
IPO / Inception 1978-01-13

MRK Stock Ratings

Growth Rating -10.4%
Fundamental 87.4%
Dividend Rating 67.0%
Return 12m vs S&P 500 -22.4%
Analyst Rating 4.04 of 5

MRK Dividends

Dividend Yield 12m 3.76%
Yield on Cost 5y 4.94%
Annual Growth 5y 7.16%
Payout Consistency 97.7%
Payout Ratio 37.5%

MRK Growth Ratios

Growth Correlation 3m 49.4%
Growth Correlation 12m -53.6%
Growth Correlation 5y 61.4%
CAGR 5y -1.25%
CAGR/Max DD 3y (Calmar Ratio) -0.03
CAGR/Mean DD 3y (Pain Ratio) -0.08
Sharpe Ratio 12m -0.14
Alpha -21.24
Beta 0.373
Volatility 25.70%
Current Volume 9214.3k
Average Volume 20d 9852.4k
Stop Loss 83.6 (-3.1%)
Signal 0.42

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (16.41b TTM) > 0 and > 6% of Revenue (6% = 3.82b TTM)
FCFTA 0.13 (>2.0%) and ΔFCFTA 0.85pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 17.34% (prev 19.44%; Δ -2.10pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.16 (>3.0%) and CFO 18.53b > Net Income 16.41b (YES >=105%, WARN >=100%)
Net Debt (27.39b) to EBITDA (25.04b) ratio: 1.09 <= 3.0 (WARN <= 3.5)
Current Ratio 1.42 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (2.51b) change vs 12m ago -1.22% (target <= -2.0% for YES)
Gross Margin 76.60% (prev 75.25%; Δ 1.35pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 55.28% (prev 55.47%; Δ -0.19pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 16.02 (EBITDA TTM 25.04b / Interest Expense TTM 1.28b) >= 6 (WARN >= 3)

Altman Z'' 4.70

(A) 0.09 = (Total Current Assets 37.06b - Total Current Liabilities 26.04b) / Total Assets 117.52b
(B) 0.58 = Retained Earnings (Balance) 68.48b / Total Assets 117.52b
(C) 0.18 = EBIT TTM 20.44b / Avg Total Assets 115.08b
(D) 0.95 = Book Value of Equity 64.84b / Total Liabilities 68.46b
Total Rating: 4.70 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 87.44

1. Piotroski 7.50pt = 2.50
2. FCF Yield 6.08% = 3.04
3. FCF Margin 23.14% = 5.79
4. Debt/Equity 0.72 = 2.25
5. Debt/Ebitda 1.09 = 1.63
6. ROIC - WACC (= 15.25)% = 12.50
7. RoE 34.88% = 2.50
8. Rev. Trend 67.17% = 5.04
9. EPS Trend 44.06% = 2.20

What is the price of MRK shares?

As of November 08, 2025, the stock is trading at USD 86.28 with a total of 9,214,301 shares traded.
Over the past week, the price has changed by +0.35%, over one month by -1.52%, over three months by +8.41% and over the past year by -11.56%.

Is Merck a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Merck (NYSE:MRK) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 87.44 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MRK is around 80.54 USD . This means that MRK is currently overvalued and has a potential downside of -6.65%.

Is MRK a buy, sell or hold?

Merck has received a consensus analysts rating of 4.04. Therefore, it is recommended to buy MRK.
  • Strong Buy: 12
  • Buy: 3
  • Hold: 11
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the MRK price?

Issuer Target Up/Down from current
Wallstreet Target Price 101.8 18%
Analysts Target Price 101.8 18%
ValueRay Target Price 88.2 2.2%

MRK Fundamental Data Overview November 01, 2025

Market Cap USD = 215.51b (215.51b USD * 1.0 USD.USD)
P/E Trailing = 11.4127
P/E Forward = 9.1324
P/S = 3.3877
P/B = 4.5634
P/EG = 0.8012
Beta = 0.373
Revenue TTM = 63.62b USD
EBIT TTM = 20.44b USD
EBITDA TTM = 25.04b USD
Long Term Debt = 33.97b USD (from longTermDebt, last quarter)
Short Term Debt = 1.43b USD (from shortTermDebt, last quarter)
Debt = 35.40b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 27.39b USD (from netDebt column, last quarter)
Enterprise Value = 242.29b USD (215.51b + Debt 35.40b - CCE 8.62b)
Interest Coverage Ratio = 16.02 (Ebit TTM 20.44b / Interest Expense TTM 1.28b)
FCF Yield = 6.08% (FCF TTM 14.72b / Enterprise Value 242.29b)
FCF Margin = 23.14% (FCF TTM 14.72b / Revenue TTM 63.62b)
Net Margin = 25.79% (Net Income TTM 16.41b / Revenue TTM 63.62b)
Gross Margin = 76.60% ((Revenue TTM 63.62b - Cost of Revenue TTM 14.88b) / Revenue TTM)
Gross Margin QoQ = 77.50% (prev 77.98%)
Tobins Q-Ratio = 2.06 (Enterprise Value 242.29b / Total Assets 117.52b)
Interest Expense / Debt = 0.86% (Interest Expense 305.0m / Debt 35.40b)
Taxrate = 11.42% (571.0m / 5.00b)
NOPAT = 18.10b (EBIT 20.44b * (1 - 11.42%))
Current Ratio = 1.42 (Total Current Assets 37.06b / Total Current Liabilities 26.04b)
Debt / Equity = 0.72 (Debt 35.40b / totalStockholderEquity, last quarter 48.99b)
Debt / EBITDA = 1.09 (Net Debt 27.39b / EBITDA 25.04b)
Debt / FCF = 1.86 (Net Debt 27.39b / FCF TTM 14.72b)
Total Stockholder Equity = 47.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.96% (Net Income 16.41b / Total Assets 117.52b)
RoE = 34.88% (Net Income TTM 16.41b / Total Stockholder Equity 47.04b)
RoCE = 25.23% (EBIT 20.44b / Capital Employed (Equity 47.04b + L.T.Debt 33.97b))
RoIC = 21.70% (NOPAT 18.10b / Invested Capital 83.41b)
WACC = 6.45% (E(215.51b)/V(250.91b) * Re(7.39%) + D(35.40b)/V(250.91b) * Rd(0.86%) * (1-Tc(0.11)))
Discount Rate = 7.39% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -0.81%
[DCF Debug] Terminal Value 79.70% ; FCFE base≈14.09b ; Y1≈15.60b ; Y5≈20.30b
Fair Price DCF = 141.2 (DCF Value 352.68b / Shares Outstanding 2.50b; 5y FCF grow 12.34% → 3.0% )
EPS Correlation: 44.06 | EPS CAGR: 18.44% | SUE: 3.25 | # QB: 3
Revenue Correlation: 67.17 | Revenue CAGR: 2.02% | SUE: -0.14 | # QB: 0

Additional Sources for MRK Stock

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